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This is the list of banks which are listed as
Scheduled Banks (India) Scheduled Banks in India refer to those banks which have been included in the Second Schedule of Reserve Bank of India Act, 1934. Reserve Bank of India (RBI) in turn includes only those banks in this Schedule which satisfy the criteria laid down ...
under second schedule of RBI Act, 1934.


Commercial banks


Public Sector Banks (PSBs)

There are 12 public sector banks as of 15 November 2021


Private-sector banks

At present, there are 21 private banks in India, as of 1 January 2022.


Regional Rural Banks (RRBs)

There are 43 regional rural banks in India as of 1 November 2020.


Foreign banks

Foreign banks in India as on July 14, 2020 - Branch/WOS/Representative form of presence as per RBI:


Foreign banks operating as wholly owned subsidiary in India

List of notable banks which are incorporated outside India and are operating wholly owned subsidiary in India:


Foreign banks with branches in India

List of notable banks which are incorporated outside India and are operating branches in India:


Foreign banks with representative offices

List of notable foreign banks with representative offices in India:


Small finance banks


Payments banks


Co-operative banks


State Co-operative Banks (SCBs)

In India, at present, there are total 34 State Co-Operative banks. * Jharkhand state cooperative bank ltd. * The Kerala State Co-operative Bank Ltd. * The Andaman and Nicobar State Co-operative Bank Ltd. * The Andhra Pradesh State Co-operative Bank Ltd. * The Arunachal Pradesh State co-operative Apex Bank Ltd. * The Assam Co-operative Apex Bank Ltd. *
The Bihar State Co-operative Bank Ltd. ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...
* The Chandigarh State Co-operative Bank Ltd. * The Chhattisgarh Rajya Sahakari Bank. * The Chhattisgarh RajyaSahakari Bank Maryadit * The Delhi State Co-operative Bank Ltd. * The Goa State Co-operative Bank Ltd. *
The Gujarat State Co-operative Bank Ltd. ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...
* The Haryana State Co-opertive Apex Bank Ltd. * The Himachal Pradesh State Co-operative Bank Ltd. * The Jammu and Kashmir State Co-operative Bank Ltd. * The Karnataka State Co-operative Apex Bank Ltd. * The Madhya Pradesh Rajya Sahakari Bank Maryadit * The Maharashtra State Co-operative Bank Ltd. * The Manipur State Co-operative Bank Ltd. * The Meghalaya Co-operative Apex Bank Ltd. * The Mizoram Co-operative Apex Bank Ltd. * The Nagaland State Co-operative Bank Ltd. * The Orissa State Co-operative Bank Ltd. * The Pondichery State Co-opertive Bank Ltd. * The Punjab State Co-operative Bank Ltd. * The Rajasthan State Co-operative Bank Ltd. * The Sikkim State Co-operative Bank Ltd. * The Tamil Nadu State Apex Co-operative Bank Ltd. *
The Telangana State Cooperative Apex Bank Ltd. ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...
* The Tripura State Co-operative Bank Ltd. * The Uttar Pradesh Co-operative Bank Ltd. * The Uttaranchal Rajya Sahakari Bank Ltd. *
The West Bengal State Co-operative Bank Ltd. ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the m ...


Urban Co-operative Banks (UCBs)

In India, at present, there are total 53 scheduled Urban Co-Operative banks in India. * Abhyudaya Co-operative Bank Ltd. * Ahmedabad Mercantile Co-Op Bank Ltd. * Amanath Co-operative Bank Ltd. * Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. * Bassein Catholic Co-operative Bank Ltd. * Bharat Co-operative Bank (Mumbai) Ltd. * Bharati Sahakari Bank Limited. * Bombay Mercantile Co-operative Bank Limited * Buldana Urban Cooperative Credit Society * Charminar Co-operative Urban Bank Ltd. * Citizen Credit Co-operative Bank Ltd. *
Cosmos Co-operative Bank Ltd The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Banks in India. Cosmos Bank celebrated its centenary on 18 January 2006. It is one of the first co-operative banks in the country to ...
. * Dombivli Nagari Sahakari Bank Ltd. * Darrusalam Co-operative Bank Ltd. * Goa Urban Co-operative Bank Limited. * Gopinath Patil Parsik Janata Sahakari Bank Ltd. * Greater Bombay Co-operative Bank Limited * Indian Mercantile Co-operative Bank Ltd. * Jalgaon Janata Sahakari Bank Ltd. * Janakalyan Sahakari Bank Ltd. * Janalaxmi Co-operative Bank Ltd. * Janata Sahakari Bank Ltd. * Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. * Kalupur Commercial Co-Op. Bank Ltd. * Kalyan Janata Sahakari Bank Ltd. * Karad Urban Co-operative Bank Ltd. *
Madhavpura Mercantile Cooperative Bank Madhavpura Mercantile Cooperative Bank (MMCB) was a Gujarat-based interstate cooperative bank that became defunct and lost its licence after it was unable to pay back the money it owed public depositors. Reserve Bank of India cancelled its licen ...
Ltd. * Mahanagar Co-operative Bank Ltd. * Mapusa Urban Co-operative Bank of Goa Ltd. * Mehsana Urban Co-Op Bank Ltd. * Nagar Urban Co-operative Bank Ltd. * Nagpur Nagrik Sahakari Bank Ltd. * Nasik Merchant's Co-operative Bank Ltd. * New India Co-operative Bank Ltd. * NKGSB Co-operative Bank Ltd. * Nutan Nagarik Sahakari Bank Ltd. * Pravara Sahakari Bank Ltd. *
Punjab and Maharashtra Co-operative Bank Punjab & Maharashtra Co-operative Bank Limited (PMC), is a multi-state Cooperative banking, co-operative bank that began operations in 1983. It has 137 branches spread over half a dozen states of India and nearly 100 branches are in Maharashtra ...
Ltd. * Rajkot Nagrik Sahakari Bank Ltd. * Rohtak Co-Operative Bank Ltd. * Rupee Co-operative Bank Ltd. * Sangli Urban Co-operative Bank Ltd., * Saraswat Co-operative Bank Ltd. * Sardar Bhiladwala Pardi Peoples Coop Bank Ltd. * Shamrao Vithal Co-operative Bank Ltd. * Shikshak Sahakari Bank Ltd. * Solapur Janata Sahakari Bank Ltd. * Surat Peoples Coop Bank Ltd. * Thane Bharat Sahakari Bank Ltd. * Thane Janata Sahakari Bank * The Akola Janata Commercial Co-operative Bank Ltd. * The Akola Urban Co-operative Bank Ltd. * The Panipat Urban Co-operative Bank Ltd. * The Kapol Co-operative Bank Ltd. * The Khamgaon Urban Co-operative Bank Ltd. * Vasavi Coop Urban Bank Limited. * Vidyasagar cooperative bank limited, midnapore. * Zoroastrian Co-operative Bank Ltd.


Local Area Banks

Local Area Banks are non-scheduled banks. They were set up with the twin objectives of providing an institutional mechanism for promoting rural and semi-urban savings and for providing credit for viable economic activities in local areas. They were established as Public Limited Companies in the private sector. They are promoted either by individuals, corporates, trusts or societies. The minimum paid up capital of such banks is . The promoter's contribution should be at least . Local Area Banks can operate and open branches in a maximum of 3 geographically contiguous districts. They are governed by the provisions of the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949 and other relevant statutes. They are to be registered as Public Limited Companies under the Companies Act 1956. Since they are non-scheduled banks, they cannot borrow funds from the Reserve Bank of India, like other scheduled commercial banks. List of Local Area Banks:


See also

*
Banking in India Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. ...
*
Defunct banks of India Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is t ...
*
Indian Financial System Code The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: ...
*
List of largest banks The following are lists of the largest banks in the world, as measured by total assets. By total assets The list is based on the April 2022 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon a ...
*
List of companies of India India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. In 2019, the Indian economy was the world's fifth ...
*
List of financial regulatory authorities by country The following is an incomplete list of financial regulatory authorities by country. List A-B * Afghanistan - Da Afghanistan Bank (DAB) * Albania - Albanian Financial Supervisory Authority (FSA) * Algeria - Commission d'Organisation et de ...
*
Make in India Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The policy approach was to crea ...
*
Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...


References


External links

* {{Banking in India *
Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
ICICI Bank Headquarters: https://www.helloscholar.in/list-of-indian-banks/